The Action aims to support investment projects by existing SMEs in the Region of Crete to integrate environmentally friendly production processes, ensure the efficient use of resources and reduce their environmental and energy footprint.
In particular, support will be provided for investment projects which, as a priority, facilitate the transition to climate-neutral and environmentally friendly production processes; which adopt practices that enhance the efficient processing and use of resources; and which encourage the recovery and utilisation of by-products and waste materials in the production process.
This concerns support for existing micro, small and medium-sized enterprises (SMEs) in the Region of Crete, which have been substantially active during the period v 1–2 following the submission of the application (Main KAD and/or the KAD corresponding to the highest gross revenue as per the current E3 form for year n-2) to eligible KADs as specified in the call (ANNEX III – ELIGIBLE ACTIVITIES (KAD)), for the integration of environmentally friendly production processes, the efficient use of resources and the reduction of their environmental and energy footprint; and the investment relates to existing installation(s) of the enterprise within the Region of Crete which the enterprise possessed prior to the publication of the call for proposals.
It should be noted that a proposal for an installation which the enterprise did not have prior to the publication of the call for proposals cannot be submitted.
It should also be noted that the proposed investment plan should relate exclusively to those active in the Tax Office and eligible, in accordance with Annex III – ELIGIBLE ACTIVITIES (KAD) of this document, under the relevant activity code number at the location(s) where the investment is to be carried out.
The subsidised budget for each investment proposal submitted by a potential aid beneficiary may range from €30,000 to €300,000.
It is further noted that the amount of the subsidised budget for the investment plan may not exceed twice the highest turnover [code (500) on tax form E3] of the enterprise achieved in one of the two complete, closed financial years for which the relevant tax forms have been submitted to the Public Administration Authority for the tax years (n-3) and (n-2) preceding the submission of the funding application (year n).
If the submitted investment plan has a subsidised budget of less than €30,000, it will be deemed ineligible from the outset and cannot be submitted.
The total of the requested expenditure submitted by the enterprise for funding under this Action constitutes the Total Budget of the investment plan. The Subsidised Budget is that part of the Total Budget which, in accordance with the eligibility criteria for expenditure, the upper and lower limits, and the percentages and amounts of support, within the framework of this Action, is eligible for subsidy.
It should be noted that, should the total budget of the investment project exceed the subsidised budget, the excess amount will be regarded as private participation under scheme 100% for the implementation of the project. In this case, although the excess costs are not subsidised, the entire investment project, including the excess costs, is subject to evaluation and monitoring and control.
Aid under this measure is granted in accordance with the provisions of Commission Regulation (EU) No 2023/2831 (OJ EL L 15.12.2023) of 13 December 2023 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid.
Who is it intended for?
Existing very small, small and medium-sized enterprises that operate legally and are active in the Region of Crete, are eligible for the KAD Action and meet the requirements set out in the Detailed Call for Action.
Submission period from 30 January 2026 to 2 April 2026 (at 15:00)
Proposals are submitted via the Integrated State Aid Information System (OPSKE), https://opske.gr/
Type of aid Grant / Subsidy
Scope of application Region of Crete
Terms and conditions Details in the call
What is funded
The percentage of public funding (aid intensity) amounts to 60% of the subsidised budget, whilst the remainder is covered by private funding.
Eligible Expenditure:
Expenditure on Equipment, Transport and Instruments
- Production & Mechanical Equipment
- Automation Systems and Specialised IT Systems
- Digital Office Equipment
- Other Business Equipment
- Circular Economy Equipment – Please note that this specific expenditure subcategory is mandatory.
- Equipment for Environmental Protection and Energy Saving
- Equipment for the installation of photovoltaic systems and energy storage systems for the generation of electricity to meet one’s own needs (self-generation)
- Electric Vehicles
Expenditure on Buildings, Land, Facilities and Surrounding Areas
- Building measures to protect the environment and achieve savings in energy, water and waste treatment
- Buildings, facilities and surrounding areas
Expenditure on the Provision of Services
- Advisory support for monitoring the implementation of the investment plan
- Technical studies that are necessarily linked to the costs of the investment plan
Indirect costs
It is emphasised that, under this Action, the cost category “INDIRECT COSTS” must be included in the investment plan and will be automatically verified by the OPSKE provided that the percentage 7% of the eligible direct costs set out in the beneficiary’s investment plan is adhered to.
Further details on eligible costs can be found in the Call.
Budget € 5,000,000
See the details of the call below.
Source: espa.gr